The Dacxi Chain is an interesting
blockchain project, under development since 2017 and set for launch in early
2023 as market acceptance for tokenization in the mainstream has arrived.
This application
of tokenization of financial assets is predicted to be one of the ten largest
applications. This review will delve into what exactly the Dacxi Chain is, the
problem it aims to solve, and what this means for investors (and the world at
large).
What is the Dacxi Chain?
The Dacxi Chain is a global
crowdfunding ecosystem enabled through the application of blockchain
technology.
To be able to raise capital globally and for people to invest in
global opportunities, the shares in companies are ‘tokenized’ to form secure
digital ownership and then payment is made through a global cryptocurrency
based solution.
Working with locally licensed
crowdfunding platforms, Dacxi Chain creates a decentralized ecosystem and solves the inherent problems of
early stage funding by building a massive global pool of investors, and gives
everyday people the chance to invest in game-changing ideas.
For entrepreneurs,
it means access to a level of funding that was previously out of reach for a
majority of businesses around the world – particularly those based in
developing nations.
Complex and sophisticated, the Dacxi
Chain will eventually cater to the many languages, currencies and highly localized
financial regulations of the world. It is being built to withstand millions of
investors, and thousands of investment opportunities from all over the
world.
What is the Dacxi Chain’s potential
market?
There appears to be a significant gap
in the crowdfunding market, which tokenization could fill. This hasn’t only
been identified by the Dacxi Chain team.
Large and respected players such as
IBM have also seen the potential – with IBM’s blockchain project
identifying tokenized crowdfunding as a potentially trillion-dollar market
(they’re on record saying this could happen in just five years). The developers of the Dacxi Chain hope
to gain a big share of this big market.
What challenge does the Dacxi Chain
solve?
The challenge of crowdfunding to
compete with Venture Capital is scale. Having large enough investor bases to be
able to attract and fulfill the investment expectations of potential capital
issuers.
This is especially important for the companies that operate outside of
the main investment hubs in countries like the USA and UK.
Dacxi Chain solves the scale and
access to scaled investor pools through blockchain by building a global
ecosystem.
The Dacxi Chain has its own native
cryptocurrency, called Dacxi Coin. Dacxi Coin essentially powers the Dacxi Chain,
and is responsible for all local and global payment transfers, blockchain fees,
node staking, and more.
So how does the Dacxi Chain actually work?
The Dacxi Chain’s own comms highlight
the numerous technological processes that had to be pioneered from scratch in
order to create the sophisticated ecosystem.
After all, a global ecosystem of
blockchain investment platforms and the aggregation of a worldwide investor
pool is no small task.
The Dacxi Chain involves a unique
three-layered tech stack, created by the developer team. The team themselves
describe the sheer scale of the Dacxi Chain as the most difficult aspect of the
project.
However, after years of work, they believe they have created a network
that can process thousands of investment opportunities, millions of investors,
hundreds of countries, languages, and currencies.
Here’s a breakdown of the three-layered
stack:
- The Application Layer: a
non-blockchain system responsible for launching investment opportunities
and sharing deal information. - The Transaction Layer: the ‘crypto layer’ responsible for the
tokenization of company shares and the making of payments in Dacxi Coin - The Blockchain Layer: responsible for the record of ownership of
tokenized shares, cryptos, all transactions, and the processing of other core
ecosystem functions.
The Dacxi Chain’s blockchain
features
At its core, the Dacxi Chain is a blockchain project. It relies on the technology’s unique features
to jump over a number of obstacles that traditional crowdfunding has failed to
cross.
One of the most critical blockchain
features to be utilized by the Dacxi Chain is the ability to conduct trustless
transactions through the use of smart contracts. This is the full list of
blockchain features, as described on the Dacxi Chain’s own website:
- Trustless equity
custody - Tokenization of equity
ownership - International investor [KYC]
verification - Cryptocurrency based
international payment solution - Trustless transaction
solutions - Trustless share registry
solutions - Network of tokenized
Secondary Exchanges
What’s the Dacxi Chain’s competitive landscape?
There are currently no competitors in
global crowdfunding as Dacxi Chain pioneers this world yet they will emerge
probably through a centralized solution of current large crowdfunding companies
looking to do a ‘facebook’, ie build one dominant global brand. Many crypto
based companies talk of going ‘global funding’ through the ICO process yet
these do not have the local securities licenses needed to be credible [or
legal!]
The Dacxi Chain conclusion
The Dacxi Chain could mean big things
for entrepreneurs and investors who seek to support them.
Tokenization could
have the power to democratize early stage funding, and open the door to a huge
global source of funding previously unavailable to entrepreneurs.
And in turn,
a massive source of financial opportunities previously unavailable to
investors. It could be crowdfunding on a genuinely global scale, the likes of
which we just haven’t seen before.
The Dacxi Chain cleverly applies
blockchain tech to solve many of crowdfunding’s biggest pain-points. With
trustless transactions and shares tokenization, it introduces far more
liquidity to the early stage investing space.
More liquidity, more ease, more
scale, more buzz, more investors, more innovation. What more could the world
want?
How to get involved with the Dacxi
Chain
Visit dacxichain.com to register for
regular updates. You can also choose to buy Dacxi Coin (the Dacxi Chain’s
native cryptocurrency). Dacxi Coin is available to purchase on the Dacxi Chain website, ConsBit, HitBTC, BitForex, and Uniswap.
The Dacxi Chain is an interesting
blockchain project, under development since 2017 and set for launch in early
2023 as market acceptance for tokenization in the mainstream has arrived.
This application
of tokenization of financial assets is predicted to be one of the ten largest
applications. This review will delve into what exactly the Dacxi Chain is, the
problem it aims to solve, and what this means for investors (and the world at
large).
What is the Dacxi Chain?
The Dacxi Chain is a global
crowdfunding ecosystem enabled through the application of blockchain
technology.
To be able to raise capital globally and for people to invest in
global opportunities, the shares in companies are ‘tokenized’ to form secure
digital ownership and then payment is made through a global cryptocurrency
based solution.
Working with locally licensed
crowdfunding platforms, Dacxi Chain creates a decentralized ecosystem and solves the inherent problems of
early stage funding by building a massive global pool of investors, and gives
everyday people the chance to invest in game-changing ideas.
For entrepreneurs,
it means access to a level of funding that was previously out of reach for a
majority of businesses around the world – particularly those based in
developing nations.
Complex and sophisticated, the Dacxi
Chain will eventually cater to the many languages, currencies and highly localized
financial regulations of the world. It is being built to withstand millions of
investors, and thousands of investment opportunities from all over the
world.
What is the Dacxi Chain’s potential
market?
There appears to be a significant gap
in the crowdfunding market, which tokenization could fill. This hasn’t only
been identified by the Dacxi Chain team.
Large and respected players such as
IBM have also seen the potential – with IBM’s blockchain project
identifying tokenized crowdfunding as a potentially trillion-dollar market
(they’re on record saying this could happen in just five years). The developers of the Dacxi Chain hope
to gain a big share of this big market.
What challenge does the Dacxi Chain
solve?
The challenge of crowdfunding to
compete with Venture Capital is scale. Having large enough investor bases to be
able to attract and fulfill the investment expectations of potential capital
issuers.
This is especially important for the companies that operate outside of
the main investment hubs in countries like the USA and UK.
Dacxi Chain solves the scale and
access to scaled investor pools through blockchain by building a global
ecosystem.
The Dacxi Chain has its own native
cryptocurrency, called Dacxi Coin. Dacxi Coin essentially powers the Dacxi Chain,
and is responsible for all local and global payment transfers, blockchain fees,
node staking, and more.
So how does the Dacxi Chain actually work?
The Dacxi Chain’s own comms highlight
the numerous technological processes that had to be pioneered from scratch in
order to create the sophisticated ecosystem.
After all, a global ecosystem of
blockchain investment platforms and the aggregation of a worldwide investor
pool is no small task.
The Dacxi Chain involves a unique
three-layered tech stack, created by the developer team. The team themselves
describe the sheer scale of the Dacxi Chain as the most difficult aspect of the
project.
However, after years of work, they believe they have created a network
that can process thousands of investment opportunities, millions of investors,
hundreds of countries, languages, and currencies.
Here’s a breakdown of the three-layered
stack:
- The Application Layer: a
non-blockchain system responsible for launching investment opportunities
and sharing deal information. - The Transaction Layer: the ‘crypto layer’ responsible for the
tokenization of company shares and the making of payments in Dacxi Coin - The Blockchain Layer: responsible for the record of ownership of
tokenized shares, cryptos, all transactions, and the processing of other core
ecosystem functions.
The Dacxi Chain’s blockchain
features
At its core, the Dacxi Chain is a blockchain project. It relies on the technology’s unique features
to jump over a number of obstacles that traditional crowdfunding has failed to
cross.
One of the most critical blockchain
features to be utilized by the Dacxi Chain is the ability to conduct trustless
transactions through the use of smart contracts. This is the full list of
blockchain features, as described on the Dacxi Chain’s own website:
- Trustless equity
custody - Tokenization of equity
ownership - International investor [KYC]
verification - Cryptocurrency based
international payment solution - Trustless transaction
solutions - Trustless share registry
solutions - Network of tokenized
Secondary Exchanges
What’s the Dacxi Chain’s competitive landscape?
There are currently no competitors in
global crowdfunding as Dacxi Chain pioneers this world yet they will emerge
probably through a centralized solution of current large crowdfunding companies
looking to do a ‘facebook’, ie build one dominant global brand. Many crypto
based companies talk of going ‘global funding’ through the ICO process yet
these do not have the local securities licenses needed to be credible [or
legal!]
The Dacxi Chain conclusion
The Dacxi Chain could mean big things
for entrepreneurs and investors who seek to support them.
Tokenization could
have the power to democratize early stage funding, and open the door to a huge
global source of funding previously unavailable to entrepreneurs.
And in turn,
a massive source of financial opportunities previously unavailable to
investors. It could be crowdfunding on a genuinely global scale, the likes of
which we just haven’t seen before.
The Dacxi Chain cleverly applies
blockchain tech to solve many of crowdfunding’s biggest pain-points. With
trustless transactions and shares tokenization, it introduces far more
liquidity to the early stage investing space.
More liquidity, more ease, more
scale, more buzz, more investors, more innovation. What more could the world
want?
How to get involved with the Dacxi
Chain
Visit dacxichain.com to register for
regular updates. You can also choose to buy Dacxi Coin (the Dacxi Chain’s
native cryptocurrency). Dacxi Coin is available to purchase on the Dacxi Chain website, ConsBit, HitBTC, BitForex, and Uniswap.
